MADISON (WITI) -- Power management company Eaton today announced a $54 million investment in its Waukesha-based Cooper Power Systems business. The project, which calls for expanding one facility and renovating two others, will help Eaton meet growing demand for its utility, commercial and industrial power distribution products and solutions.
The Wisconsin Economic Development Corporation (WEDC) is providing up to $1.36 million in tax credits for the project that could create as many as 200 jobs in the region over the next two years.
“There is no question that energy is a vital and growing component of Wisconsin’s economy, and power management is an important part of that sector,” said Wisconsin Gov. Scott Walker. “This project not only solidifies Eaton’s commitment to Wisconsin, but also is an indication that the company is continuing to look toward the future.”